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Global News portalPosts Tagged ‘John Maynard’
GALBRAITH: ADMINISTRATION’S SOLE GOAL IS TO RESTORE SYSTEM OF 5 OR 10 YEARS AGO, BUT CONFIDENCE WON’T BE RESTORED UNLESS FRAUD IS PROSECUTED
As I have repeatedly written, the largest U.S. banks have repeatedly gone bankrupt due to wild speculation which was blessed by the Fed, and then the government covered up their bankruptcy.Indeed, the New York Times writes today about one of the too bi...
WILL A BASKET OF CURRENCIES REPLACE THE DOLLAR?
Robert Fisk of the Independent wrote yesterday that the Middle Eastern oil producers, plus China, Japan and France have all agreed to start trading oil using a basket of currencies - including the yen, yuan, euro, gold and a new, unified currency plann...
MIKE LUX: A SIMPLE TEST
I have always had a simple test for any public policy: who does it benefit the most, and who does it benefit first? If the...
AND NEXT FOR BRITAIN, THE SEMI-SLUMP
British economic history warns us to beware false dawns. Those calling for spending cuts have got it wrong – again'The duration of the slump may be much more prolonged than most people are expecting and … much will be changed both in our ideas ...
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